by David Capitano, Instructor/Cost Accounting Consultant | Mar 20, 2013 | The Clause Column
Applicability: This FAR clause is incorporated in cost reimbursement contracts and Time-and-Materials (T&M) contracts for other than commercial items. For T&M contracts, the clause only applies to the part of the contract that reimburses materials on the basis...
by David Capitano, Instructor/Cost Accounting Consultant | Feb 15, 2013 | The Clause Column
Applicability: This FAR clause is incorporated in cost reimbursement contracts and Time-and-Materials (T&M) contracts for other than commercial items. For T&M contracts, the clause only applies to the part of the contract that reimburses materials on the...